If you want to find out what’s going on in the financial world it usually pays to look at the bond market. Bond investors tend to focus more on the facts, and be less emotional than equity investors.
A great example is Bill Gross, one of the world’s best bond investors. In 1998 he wrote a great book, Bill Gross on Investing. It’s full of good advice. But for me, the best part of the book is Gross’s “plankton theory” and its application to the housing market...............................................Full Article: Source